CABER study: Delaware beer distributors add $208M to GDP
This Labor Day, consider these facts from a national report prepared by Bill Latham and Ken Lewis of the Center for Applied Business & Economic Research at the University of Delaware.
• Delaware beer distribution facilities directly employ 414 people, who earn $40 million in wages and salaries.
• Delaware beer distributors add $208.7 million to the nation’s gross domestic product.
• Delaware beer-distributor activities generate $490,000 in economic impacts to communities through support of charities, local events and economic development.
• Delaware beer distributor activities contribute $37.7 million to the federal, state and local tax bases. This does not include an added $16 million in federal, state and local alcohol excise and consumption taxes on beer sold in Delaware.
• The Delaware beer distribution industry contributes more than $71 million in transportation efficiencies for the beer industry each year.
The report, “America’s Beer Distributors: Fueling Jobs, Generating Economic Growth and Delivering Value to Local Communities,” was released by the National Beer Wholesalers Association today.
“From truck drivers to graphic artists and sales representatives, America’s beer distribution employees work day in and day out to make this the best beer market in the world,” said NBWA President and CEO Craig Purser.